Ride-hailing service Grab expands into Cambodia
Southeast Asia focused ride-hailing service Grab has forayed into the Cambodia market by launching services in Phnom Penh.
The move will make JustGrab, Grab’s fixed fare on-demand service, available to consumers in Phnom Penh. The app can be downloaded from App Store or Google Play.
The ride-hailing service also signed a memorandum of understanding (MOU) with the Ministry of Public Works and Transport of Cambodia (MPWT) to support the country’s infrastructure development.
Grab co-founder Tan Hooi Lingsaid: “We look forward to working closely with MPWT, which has taken big steps to modernising the country’s infrastructure. Together, we will use technology to create safer roads, improve traffic, and provide greater income opportunities for the local community.”
In addition, Grab also teamed up with Cambodia’s mobile banking services provider Wing Money. The partnership will provide the country’s drivers an account for Wing Money’s digital financial services.